Automobile

Ferrari stuck to its main 2021 targets on Monday, despite tripling second-quarter core profits as shipments recovered from pandemic-hit trading in the same period last year. The luxury carmaker increased its industrial free cash flow guidance...

The use of hydrogen power for mobility is an “interesting alternative” for India, especially as it would reduce dependence on lithium imports, the chairman of Maruti Suzuki, India’s top-selling carmaker, said on Monday. Demand for lithium...

Three major European truck manufacturers – Daimler Trucks, AB Volvo and Traton – said on Monday they plan to form a joint venture (JV) to develop an electric battery-charging network for long-haul trucks and buses. Charging...

General Motors Co said on Monday it expanded its design studio in China, which will focus only on developing electric and connected cars and no longer design petrol vehicles. The move comes as the largest U.S....

China Association of Automobile Manufacturers (CAAM) said on Monday that it expects vehicle sales in China to hit 1.93 million units in June, down 16.3% from a year earlier. Auto sales in China, the world’s biggest...

Luxury sports carmaker Porsche AG must recall 43,000 of its electric Taycan cars over faulty software that can cause the battery-powered engine to suddenly shut down, it said on Friday. The recall affects all Taycan vehicles...

The owner of Vauxhall could announce as early as next week plans to build electric vans at its Ellesmere Port plant in Cheshire, the BBC understands. The investment, said to be worth hundreds of millions of...

Tesla Inc on Friday posted record vehicle deliveries for the second quarter that were in line with Wall Street estimates as the electric-car maker coped with a shortage of chips and raw materials. The numbers showed...

Germany will in July have 1 million electric cars on the road, hitting its target six months late, Economy Minister Peter Altmaier told Tagesspiegel daily on Friday, saying subsidy programmes had boosted demand, reports Reuters. “We...

Volkswagen of America said it sold more than 211,000 cars in the first half of 2021, its highest level for the period in nearly 50 years, and is on pace to sell more than 400,000 this...